2023 Recession - What should small business owners do to survive?

The world has endured a difficult year, as multi-decade high inflation stifled post-lockdown consumption, forcing central banks to raise interest rates at an unprecedented pace. Their price control campaign may be working. However, it will be hard for the world in 2023.

The forecast that the global economy is falling into recession is not shared by all economists. But with growth rates predicted to continue to fall to lower levels after already plummeting in 2022, the recession scenario is highly likely to become a reality. In today's video, Tom offers a few ways to deal with the coming economic stress, for small business owners so you can survive, or even thrive, during this 2023 recession.

Watch other video about Recession at:    • 2023 Recession - How we got here  

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Tom Peng - Entrepreneur and investor based in Vietnam. CEO of e-commerce and fintech companies. Teaching aspiring people business and success mindset in this YouTube channel.

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